Common use of Payment of Principal, Interest and Additional Amounts Clause in Contracts

Payment of Principal, Interest and Additional Amounts. The Company covenants and agrees for the benefit of the Holders that it will duly and punctually pay the principal of and premium and interest on the Convertible Notes in accordance with the terms of the Convertible Notes and this Supplemental Indenture. All payments of, or in respect of, principal of and premium and interest on the Convertible Notes shall be made without withholding or deduction for, or on account of, any present or future taxes, duties, assessments or governmental charges of whatever nature imposed or levied by or on behalf of Singapore or any authority thereof or therein having power to tax unless these taxes, duties, assessments or governmental charges are required to be withheld or deducted. In that event, the Company agrees to pay by way of additional interest such additional amounts of, or in respect of, principal, premium and interest as will result (after deduction of such taxes, duties, assessments or governmental charges and any additional taxes, duties, assessments or governmental charges of Singapore) in the payment to each Holder of a Convertible Note of the amounts that would have been payable in respect of such Convertible Notes had no withholding or deduction been required, except that no Additional Amounts shall be payable for or on account of:

Appears in 2 contracts

Samples: Indenture (Chartered Semiconductor Manufacturing LTD), Chartered Semiconductor Manufacturing LTD

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Payment of Principal, Interest and Additional Amounts. The Company covenants and agrees for the benefit of the Holders that it will duly and punctually pay the principal of and premium and interest on the Convertible Senior Notes in accordance with the terms of the Convertible Senior Notes and this Supplemental Indenture. All payments of, of or in respect of, of principal of and premium and interest on the Convertible Senior Notes shall be made without withholding or deduction for, or on account of, any present or future taxes, duties, assessments or governmental charges of whatever nature imposed or levied by or on behalf of Singapore or any authority thereof of or therein in Singapore having power authority to tax unless these taxes, duties, assessments or governmental charges are required to be withheld or deducted. In that eventthe event of such withholding or deduction, the Company agrees to pay by way of additional interest such additional amounts of, or in respect of, principal, premium and interest as will result (after deduction of such taxes, duties, assessments or governmental charges and any additional taxes, duties, assessments or governmental charges of Singapore) in the payment to each Holder of a Convertible Senior Note of the amounts that would have been payable in respect of such Convertible Notes Senior Note had no withholding or deduction been required, except that no Additional Amounts shall be payable for or on account of:

Appears in 2 contracts

Samples: Indenture (Chartered Semiconductor Manufacturing LTD), Indenture (Chartered Semiconductor Manufacturing LTD)

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Payment of Principal, Interest and Additional Amounts. The Company covenants and agrees for the benefit of the Holders that it will duly and punctually pay the principal of and premium and interest on the Convertible Notes Amortizing Bonds in accordance with the terms of the Convertible Notes Amortizing Bonds and this Supplemental Indenture. All payments of, of or in respect of, of principal of and premium and interest on the Convertible Notes Amortizing Bonds shall be made without withholding or deduction for, or on account of, any present or future taxes, duties, assessments or governmental charges of whatever nature imposed or levied by or on behalf of Singapore or any authority thereof of or therein in Singapore having power authority to tax unless these taxes, duties, assessments or governmental charges are required to be withheld or deducted. In that eventthe event of such withholding or deduction, the Company agrees to pay by way of additional interest such additional amounts of, or in respect of, principal, premium and interest as will result (after deduction of such taxes, duties, assessments or governmental charges and any additional taxes, duties, assessments or governmental charges of Singapore) in the payment to each Holder of a Convertible Note an Amortizing Bond of the amounts that would have been payable in respect of such Convertible Notes Amortizing Bond had no withholding or deduction been required, except that no Additional Amounts shall be payable for or on account of:

Appears in 1 contract

Samples: Fourth Supplemental Indenture (Chartered Semiconductor Manufacturing LTD)

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